Enterprise software specialist Sopheon PLC (LON:SPE) has again upgraded its profit expectations for 2018.
Revenues will be in excess of US$33m, up 16% and added to lower costs EBITDA and pre-tax profits will be significantly ahead of the upgraded market expectations.
The year-end net cash position is expected to be $16.7m (2017: $9.5m).
Recurring revenue has risen to $14.7mln coming into 2019, compared to $12m the year before.
Shares have tripled over the past year to 1,270p.